Brief: GFT Technologies H1 Net Income Up 55 Pct To EUR 11.79 Million

GFT Technologies SE

09/08/2018 06:12

Aug 9 (Reuters) - GFT Technologies SE  GFTG.DE :
    * H1 NET PROFIT ROSE 55 PERCENT TO 11.79 MILLION EUR
    * H1 REVENUE FELL 3 PERCENT TO 211.2 MILLION EUR
    * H1 PRE-TAX EARNINGS (EBT) UP 39 PERCENT TO EUR 12.54
MILLION
    * H1 CONSOLIDATED NET INCOME UP 55 PERCENT TO EUR 11.79
MILLION
    * H1 CONSOLIDATED REVENUE OF EUR 211.16 MILLION SLIGHTLY
DOWN ON
PREVIOUS YEAR
    * EARNINGS GUIDANCE FOR 2018 ADJUSTED SLIGHTLY DUE TO
TAKEOVER OF
CANADIAN IT SPECIALIST V-NEO IN JULY
    * CONTINUES TO EXPECT REVENUE IN MIDDLE RANGE OF EUR 400.00
TO EUR
420.00 MILLION FOR FINANCIAL YEAR 2018
    * NOW EXPECTS EBITDA OF EUR 39 MILLION AND EBT OF EUR 23.5
MILLION

Source text for Eikon:  ID:nEQ4mDG1Fa 
Further company coverage:  GFTG.DE 

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